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closed-end investment company

[klohzd-end in-vest-muhnt kuhm-puh-nee]

noun

  1. an investment company that issues its shares in large blocks at infrequent intervals and is not obligated to redeem or repurchase them.



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Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The closed-end investment company posted revenue of $20.8 million in the period.

Read more on Seattle Times

The letter provides a monthly performance overview for BH Global Ltd., a closed-end investment company listed on the London Stock Exchange with its assets in Brevan Howard fund strategies.

Read more on BusinessWeek

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